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7. The Reading Co. has adopted a policy of increasing the annual dividend on their common stock at a constant rate of 3.5% annually. The

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7. The Reading Co. has adopted a policy of increasing the annual dividend on their common stock at a constant rate of 3.5% annually. The last dividend they paid was $0.95 a share. What will the company's dividend be in five years? A. $.90 B. $.93 C. $1.03 D. $1.13 E. $1.23

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